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2 Page Tenancy Agreement...... Balnk

This agreement establishes a tenancy between Mr. Muhammad Hafeez and Mr. Syed Kamran Azeem for the rental of the first floor of a property in North Karachi. Mr. Hafeez owns the property and is leasing it to Mr. Azeem for 11 months beginning December 1st, 2022. The monthly rent is 16,000 rupees and a security deposit of 40,000 rupees was paid. The agreement outlines utilities and maintenance responsibilities as well as terms for termination with two months' notice.

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Adeel Awan
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0% found this document useful (0 votes)
488 views2 pages

2 Page Tenancy Agreement...... Balnk

This agreement establishes a tenancy between Mr. Muhammad Hafeez and Mr. Syed Kamran Azeem for the rental of the first floor of a property in North Karachi. Mr. Hafeez owns the property and is leasing it to Mr. Azeem for 11 months beginning December 1st, 2022. The monthly rent is 16,000 rupees and a security deposit of 40,000 rupees was paid. The agreement outlines utilities and maintenance responsibilities as well as terms for termination with two months' notice.

Uploaded by

Adeel Awan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 2

THIS AGREEMENT OF TENANCY is made at Karachi

on this 01ST day of DECEMBER, 2022.

BETWEEN

MR. MUHAMMAD HAFEEZ S/O MUHAMMAD RAFIQ, Muslim, adult, holding CNIC
No. 42301-1021960-7 resident of FLAT NO. 3, CENTRAL FIRE BIEGRATE CEMENT
LINE CITY COURT, KARACHI hereinafter referred to as the “LANDLORD/LANDLADY”
or PARTY OF THE FIRST PART

AND

MR. SYED KAMRAN AZEEM S/O SYED YOUSUF AZEEM, Muslim, adult, holding
CNIC No. 42101-3535326-1 resident of HOUSE NO. L-849, SECTOR 5-C/1, BILAL
TOWN, NORTH KARACHI, KARACHI, hereinafter referred as “TENANT” or PARTY OF
THE SECOND PART / SECOND PARTY

WHEREAS the Landlord/Landlady above named is sole and absolute owner of


FIRST FLOOR, OF HOUSE NO. L-832, SECTOR, 5-C/1, NORTH KARACHI,
KARACHI hereinafter referred to as the Said Premises.

AND WHEREAS the owner has agreed to let and the Tenant has agreed to take
the Demised Premises on monthly rent on the following terms and conditions: -

1. That monthly rent as agreed between the parties shall be Rs.16,000/-


(Rupees Sixteen Thousand Only) and refundable security fixed deposit
shall be Rs.40,000/- (Rupees Forty Thousand Only).

2. That the tenancy is deemed to be effective from the date of handing over
vacant physical i.e. w.e.f. 01-12-2022 and the same shall be remain valid
for a period of eleven months on the expiry, 31-10-2023 the same may be
extended on mutual consent of the parties. The owner reserves right to
revise the rents.
Cont…P/2
Page No. 2
3. That the mutually agreed rent as per clause-1, of this agreement shall be
payable by the tenant in advance upto 15 th of each English Calendar
month without fail or delay, failing which in payment or rent for own
consecutive month, the tenant shall be liable for ejection without any
notice.

4. That the tenant is obliged to pay electricity charges, gas consecumption


charges, Water & Sewerage charges, Union Charges, besides other utility
bills (if any) will also be paid by the tenant. THAT TENANT SHALL WILL
ARNAGES WATER MATTER & WATER MATTERS DUES TO SHORT FOR
THE SAME.

5. That the tenant has paid to owner the mutually agreed amount of
security fixed deposit as per clause-1, which shall be refundable to the
tenant at the time of termination of tenancy and handing over the
physical possession of premises back to owner in original conditions,
after deduction of dues, damages, arrears etc, towards tenant of any but
without any markup thereon.

6. That tenant shall keep the premises in good condition as has been given
to him/her all minor repairs/replacements to the fitting/fixtures shall
also be done by the tenant as his/her own cost during the tenure of
tenancy.

7. That tenant shall not make any addition or alteration theein the demised
premises without written permission of owner. Neither the tenant shall
have right to tlet or sub-let said premises or any portion thereof to any
other party under any circumstances.

8. That the tenant shall not carry out the unlawful business/activities
thereon the premises neither shall store explosive or hazardous material
in or nearby the premises, but shall strictly use the premises for the
residential purposes.

9. That two month’s advance notice in written shall be served by either


party who wish to termination the tenancy and thereafter the possession
of the premises will be handed over the owner.

IN WITNESS WHEREOF the parties hereunto set their hands here at Karachi, on the
day, month and the year first above mentioned.

OWNER: _________________ TENANT: _________________


MR. MUHAMMAD HAFEEZ MR. SYED KAMRAN AZEEM
CNIC No. 42301-1021960-7 CNIC No. 42101-3535326-1

___________________________ ___________________________
WITNESS NO. 1 WITNESS NO. 2
___________________________ ___________________________
___________________________ ___________________________
CNIC No. _________________ CNIC No. _________________

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